ANSWER Given its lack of licensing, we strongly discourage trading with Global xcrypto. This broker's absence of regulatory and contact information is a significant concern. Legitimate brokers typically display such details prominently to ensure transparency and demonstrate their regulatory compliance.Furthermore, the Federal Financial Supervisory Authority (BaFin) has issued a warning, stating that Global xcrypto is operating without authorization. According to BaFin, its website bears a striking resemblance to those of brokers previously flagged as suspicious, further evidencing its fraudulent nature.As Global xcrypto operates in an unregulated environment, we strongly advise investors to avoid it to protect their funds from potential fraud. For a safer trading experience, we recommend choosing fully regulated brokers.
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